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As of the end of last year, the US SEC had fined crypto-related companies and individuals a total of US$2.89 billion

As of the end of last year, the US SEC had fined crypto-related companies and individuals a total of US$2.89 billion

Bitget2024/05/26 01:19

Golden Finance reported that according to data from Cornerstone Research, as of the end of 2023, the SEC’s total fines against crypto-related companies and individuals were US$2.89 billion, reaching US$281 million last year alone. Since first taking action against the industry in July 2013, the SEC has taken a total of 173 crypto-related enforcement actions by the end of 2023. Last year, the SEC initiated a total of 46 encryption-related enforcement actions, a 53% increase from 2022.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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